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Discover LudwigThe phrase "not yet out" is correct and commonly used in both spoken and written English.
It is typically used to indicate that something has not happened or been released at the present time, but may happen or be released in the future. Example: The new album from my favorite band is not yet out, but I can't wait for it to be released so I can listen to it.
Exact(60)
Though it's not yet out, it's sure to be a hit (and you can pre-order it now).
But it is not yet out.
But the firm is not yet out of the woods.
Russia is not yet out of the woods.
The housing market is not yet out of the woods.
We are not yet out of the woods".
Greece is not yet out of the woods.
The century was not yet out of its teens.
Mahajer is not yet out of hot water.
We're not yet out of the starting blocks.
Official figures for that quarter are not yet out.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com